8, CHESHUNT FOLLY, BROOKFIELD LANE WEST, CHESHUNT, WALTHAM CROSS, EN8 0QY - £400,000

The information on this page is based on a number of underlying datasets, most of which are updated monthly. We maintain an update schedule which explains which version of each dataset we are currently relying on.

8 CHESHUNT FOLLY is a very small semi-detached house of 92m², built sometime between 1900 and 1929, which could now be worth an estimated £498,340. It was last sold for £400,000 in May 2020, which was around 6% below the average May 2020 semi-detached price in the Broxbourne local authority area. The most recent EPC inspection was October 2013, where the current energy rating was D, and the potential energy rating was C.

8 CHESHUNT FOLLY Sold Prices

Land registry data shows three sales for 8 CHESHUNT FOLLY since 1^st January 1995. The below table shows the price paid for the three sales, along with the average semi-detached price in the Broxbourne local authority area for the corresponding sale date. Two of the three 8 CHESHUNT FOLLY sales were for below the average price, whilst one was for above the average price. The average price is sourced from the Office for National Statistics' House Price Index (HPI).

Date	Price	HPI Price	Variation from HPI
2020 29 MAY	£400,000	£426,793	6% below HPI
2014 13 JUN	£277,000	£309,126	10% below HPI
2000 1 DEC	£150,000	£145,321	3% above HPI

8 CHESHUNT FOLLY Price Paid vs. HPI Average

The below graph shows the average semi-detached house price in the Broxbourne local authority area over time, sourced from the HPI. The three 8 CHESHUNT FOLLY sales between December 2000 and May 2020 have been plotted on the graph. A line has been extrapolated to show what the value of the property might have been over time, following each sale, had it maintained the same margin above or below the HPI (as a percentage). For example, the June 2014 sale was for 10% below the HPI. So the extrapolation line tracks at 10% below the HPI over time, until the May 2020 sale, where it rises to 6% below the HPI. The line then continues to track at 6% below the HPI.

What might 8 CHESHUNT FOLLY be worth now?

8 CHESHUNT FOLLY might now be worth an estimated £498,340.

This is based on house price inflation of 24.6%, between May 2020 and June 2025, for semi-detached houses, in the Broxbourne local authority area, as calculated by the Office for National Statistics and published in their UK House Price Index (HPI).

The 24.6% inflationary increase is applied to the most recent sale price for 8 CHESHUNT FOLLY of £400,000 on 29th May 2020. For the value to have increased from £400,000 to £498,340 over the four years and eleven months to June 2025, the following assumptions must hold true:

• The value of 8 CHESHUNT FOLLY has moved in line with the HPI for semi-detached houses in the Broxbourne local authority area.
• The May 2020 sale price of £400,000 represented a fair market value for the property.
• The size, condition, and specification of 8 CHESHUNT FOLLY has not materially changed since May 2020.

How Large is 8 CHESHUNT FOLLY?

8 CHESHUNT FOLLY is 92m² according to the EPC inspection conducted in October 2013. This puts it in the smallest 20% of semi-detached houses houses in Cheshunt, based on EPC data. The below chart shows the distribution of semi-detached houses houses by size in Cheshunt, and where 8 CHESHUNT FOLLY lies on this distribution: 16% of semi-detached houses houses are smaller than 8 CHESHUNT FOLLY, and 83% of houses are larger. Note that EPC data is not available for all properties in Cheshunt.

8 CHESHUNT FOLLY: Plot and Title Map

8 CHESHUNT FOLLY sits on a plot of roughly 0.085 of an acre, or 346m². The below map shows the location of 8 CHESHUNT FOLLY, an approximate outline of the building(s), and the indicative extent of the property. The plot extent is a Land Registry INSPIRE Index Polygon, and it is important to note that a title may include more than one polygon, whereas only one polygon is shown on the map (the polygon which intersects with the position of 8 CHESHUNT FOLLY). The full extent of the land contained in any registered title can only be identified from the individual title plan. The maps on this page should not be relied upon to establish the extent of a title.

Where is 8 CHESHUNT FOLLY?

8 CHESHUNT FOLLY is located on BROOKFIELD LANE WEST in CHESHUNT, in the EN8 postcode district. The below map shows the position of 8 CHESHUNT FOLLY on BROOKFIELD LANE WEST.